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Bullboard - Stock Discussion Forum BioExx Specialty Proteins Ltd BIXZF

"Bioexx Specialty Proteins Inc is engaged in the development and commercialization of processing technologies, for use in the extracting various active ingredients from organic and inorganic materials. The company's primary focus is on the production of proteins from canola and other oilseed feedstocks. Its products include Isolexx, a protein isolate for use in bakery products, meat products... see more

GREY:BIXZF - Post Discussion

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Post by TSX-BEAR on Jun 22, 2012 10:46am

BioExx-Fuzz

You made an incredibly important point here :

 "The GEA report will say to a potential partner, if you like what Isolexx & Vitalexx can do for your business then here is how you go about making it profitably."

 CS may be a good guy, a good father, a good husband, a good CA but he is NOT a chemical engineer

For three years the engineers have told both CC and CS that the process will work and production will occur.

If the small amount of product (that is excellent by the way) that has been produced were to have been at a SMALL profit or even break even then you could extrapolate that with a scale up it COULD BE PROFITABLE

However, with the HUGE LOSS that BioExx has demonstrated  in the past three years to make a small amount means that even with scale up it may be TOO EXPENSIVE to produce this wonderful product with the existing process.

BioExx is in no position to say to anyone (even with a + GEA report) "here is how you go about making it profitably".

They always spew lofty platitudes with always disappoint. 

There will be one last disappointment by BioExx and then the Great Canola Protein Isolate science experiment will be passed on to someone else to successfully complete with a DIFFERENT PROCESS tha tis comercialy viable and profitable - something that BXI failed to do...sorry blew $ 100 million

It is OK now for the nice guy CS to get his $ 5,000 to-day. He earned it as a good saleman 

 

Comment by 1320racing on Jun 22, 2012 11:14am
This post has been removed in accordance with Community Policy
Comment by DrAudit on Jun 22, 2012 11:15am
So zero then?  My guess is that more protein has been produced between the sheets in the management bunkhouse than was ever produced in the plant.  
Comment by DrAudit on Jun 22, 2012 11:17am
Protein? then speculate on this:https://uk.answers.yahoo.com/question/index?qid=20061018043244AAgm5Cf
Comment by 1320racing on Jun 22, 2012 11:26am
This post has been removed in accordance with Community Policy
Comment by jchef on Jun 22, 2012 11:41am
Success has been "just around the corner" for the last year that I have been in this stock. It is laughable. Get used to the disgruntled past and present shareholders on here. Most of the naysayers here hope and wish that they are wrong. There has been nothing to prove otherwise.    
Comment by DrAudit on Jun 22, 2012 11:46am
To the best of my knowledge this company has never accounted for more than three tonnes of powder. Am I right or wrong? That's about $40,000,000 per tonne. Wait till those starving little blighters in the Third World get their gobs around that.  
Comment by DrAudit on Jun 22, 2012 11:51am
So let's adopt the following business model: Let this company produce at least as much protein as the average Cetacean before it goes belly up.
Comment by DrAudit on Jun 22, 2012 11:54am
Mind you, let's not obsess about Saskatoon.  I'm sure Minton will carry the company for many years. Remind me when the wind-breaking ceremony is?
Comment by gadfly222 on Jun 22, 2012 1:02pm
 Based on my ignorance as to the vitality and viability of the current business state of BioExx, this to me would be the optimal strategy and ‘economy of scale’ in my opinion:   1. Keep the Sask. plant on a ‘limited-scale operation’ specifically for R&D in line with product development, customer-product integration, development of innovation re operational process and technology – in ...more  
Comment by gadfly222 on Jun 22, 2012 1:13pm
" So zero then?  My guess is that more protein has been produced between the sheets in the management bunkhouse than was ever produced in the plant"  HAHAHHAHAHAHAHAHHA...HOHOHOOHOHOHO...HEHEHHEHEHEHEHE...   Havn't laughed on this site like that for years... needed it...
Comment by 1320racing on Jun 22, 2012 1:41pm
This post has been removed in accordance with Community Policy
Comment by gadfly222 on Jun 22, 2012 3:00pm
1302racing ...you chastized  DrAudit and myself re using the word 'minot. vs minton'.. as in: "Gadfly, you profess to be a knowledgeable veteran of BioExx matters. You've referred a few times to minton. If memory serves DrAudit did also. What is minton? Do you mean Minot? Interesting."   Without the same intent, please research the actual 'volume ...more  
Comment by jchef on Jun 22, 2012 3:14pm
I can't wait for Minton to open.  Lol
Comment by DrAudit on Jun 22, 2012 3:18pm
I heard Minton is already exceeding capacity 8 days a week.>
Comment by 1320racing on Jun 23, 2012 10:19am
This post has been removed in accordance with Community Policy
Comment by cliff58 on Jun 23, 2012 1:18pm
I'LL TRANSLATE 1320RACINGS 2 PARAGRAPHS.WE NEED A MIRACLE.
Comment by DrAudit on Jun 23, 2012 4:45pm
The miracle is being installed as we speak and is already exceeding expectations.  Just needs a few more days and hours.   
Comment by 1320racing on Jun 23, 2012 5:04pm
This post has been removed in accordance with Community Policy
Comment by DrAudit on Jun 23, 2012 5:51pm
Does that mean tonne #4 is in the process of completion?
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